I am a bit nervous that if I go through all of these renovations to make the house look much better & add value the radiators are still going to hold back the value and essentially create a ceiling for profits.

He is essentially paying for a product without the guarantee to be delivered.

For the upstate program I have found that it asks you every question and really puts together the paperwork for you. 

But sometimes their foreclosure paperwork is not complete. 

The draw back to these loans is that they are more paperwork heavy than the other "portfolio" types of loans....but if you have ever received a loan on your primary home, it's likely that you will go through the same type of paperwork here with conventional lending.

The buyer and seller agree to pay the 20% back to the seller at whatever agreed rate and time.Therefore the buyer obtains the property at essentially 0 out of pocket, but is on the hook for a mortgage and paying the seller back?

Essentially let him wipe his hands of it.   

This way, if you cannot find like kind properties within the 45 day window, you can revert to a DST in as little as 2-4 days to  complete the paperwork and defer the capital gains tax.

This most recent month she was late, her lease specifies that there is a $25 late fee for each day of late rent and essentially after the 3rd late day if everything is not paid there is indication of the landlord moving towards an eviction.

Essentially, I have a property that is getting sold with a potential of 58 k in capital gains, bring the total investing amount of 128k ish.